Public Charity

SELECT EMPLOYEES CREDIT UNION

SELECT EMPLOYEES CREDIT UNION is a Public Charity headquartered in STERLING, IL. Financial data from the 2025 filing: $4.0M revenue, $2.8M expenses, $75.8M total assets.

EIN: 362440414 STERLING, IL Latest filing: 2025
Total Revenue$4.0M
Total Expenses$2.8M
Total Assets$75.8M
Grant Records0
Filing Years2021–2025

Mission

THE SELECT EMPLOYEES CREDIT UNION WILL MEET THE NEEDS OF MEMBERS BY PROVIDING FINANCIAL PRODUCTS AND SERVICES DELIVERED WITH INTEGRITY, PERSONAL CARE AND INDIVIDUALIZED ATTENTION.

Where $100 goes at Select Employees Credit Union

How Select Employees Credit Union divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$100 Programs the work itself
<$1 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $100 for programs

$50
Made share overdraft protection loans, home equity loans, share secured loans, and visa loans to members
50% of program spending
$50
Accepted deposits and issued share certificates to members
50% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

MEMBER Mr Andrew Beveroth
MEMBER Mr Jefferey Hippen
SECRETARY Mr Kevin O'keefe
CHAIRMAN Mr Richard Douglas
VICE CHAIRMAN Mr Timothy Morgan
MEMBER Ms Cindy Vonholten

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $4.0M $2.8M $75.8M
2024 $3.9M $2.5M $68.1M
2023 $3.6M $2.2M $68.6M
2022 $2.4M $1.9M $68.1M
2021 $2.4M $1.8M $64.9M

Between 2021 and 2025, reported annual revenue grew from $2.4M to $4.0M (+71%), with total assets most recently reported at $75.8M.

Interactive year-over-year charts and full filing details available with membership.

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